Article: Hodina pravdy pro Maďarsko: země se ocitla na pokraji bankrotu
http://zpravy.idnes.cz/hodina-pravdy-pro-madarsko-zeme-se-ocitla-na-pokraji-bankrotu-ptv-/kavarna.asp?c=A090317_162132_kavarna_bos
Translation: The hour of the truth for Hungary: Nation nearly going bankrupt
What it is about: Article written by a Hungarian journalist describes the situation of Hungary — a nation with great national debts and more importantly in these days — with people having great debts denominated in Swiss franc or in yen.
Comments: I found the article very interesting although it contains some economic inaccuracies (e. g. it’s not exactly stated why the wages went up when the minimum wage was set up to a new high, it is only said it happened so). Continue reading “The hour of the truth for Hungary: Nation nearly going bankrupt”